20 Biggest Mid-Day Losers For Friday

by Lisa Levin, Benzinga Editor
January 27, 2017 1:16 PM | 3 min read |
  • Novan Inc NOVN shares tumbled 76.4 percent to $4.41 after the company reported top-line results from SB204 Phase 3 pivotal trials.
  • Athersys, Inc. ATHX shares dipped 28.6 percent to $1.09. Athersys reported the pricing of its public offering of 19.8 million common stock at $1.01 per share.
  • Real Goods Solar, Inc. RGSE shares dropped 20.7 percent to $2.95. On Thursday, RGS Energy reported a public offering of common stock and warrants.
  • DryShips Inc. DRYS declined 20.5 percent to $2.37. DryShips shares have dropped 99.82 percent over the past 52 weeks, while the S&P 500 index has gained 21.97 percent in the same period.
  • KEYW Holding Corp. KEYW shares fell 17.2 percent to $10.01. KeyW priced 8.5 million shares at $10.50 per share.
  • Enbridge Energy Partners, L.P. EEP shares declined 15.2 percent to $21.95. Enbridge Energy Company agreed to acquire Midcoast Energy Partners MEP for $8.00 per Common unit. Enbridge Energy Partners declared a quarterly cash distribution of $0.583 per unit and issued a strategic review update.
  • Koss Corporation KOSS shares dropped 14.6 percent to $2.22. Koss reported Q2 earnings of $0.02 per share on revenue of $6.69 million.
  • Workhorse Group Inc WKHS shares tumbled 13 percent to $3.02. Workhorse Group proposed a common stock offering.
  • SandRidge Permian Trust PER shares fell 12.7 percent to $3.45. SandRidge Permian Trust reported a quarterly distribution of $0.120 per unit.
  • Oppenheimer Holdings Inc. (USA) OPY dropped 9.6 percent to $16.95. Oppenheimer reported a Q4 loss of $0.13 per share on revenue of $218.94 million.
  • Avinger Inc AVGR shares fell 8.8 percent to $2.83 after surging 34.78 percent on Thursday.
  • 8Point3 Energy Partners LP CAFD shares declined 7.5 percent to $13.79. 8point3 Energy reported Q4 net income of $4.2 million on revenue of $14.5 million. The company also issued a weak sales forecast.
  • Air Products & Chemicals, Inc. APD shares declined 7.3 percent to $138.00 after the company posted weak Q1 results and lowered its fiscal 2017 guidance.
  • Golden Ocean Group Ltd GOGL shares fell 6.7 percent to $5.50 after dropping 2.00 percent on Thursday.
  • Colgate-Palmolive Company CL shares dropped 6.5 percent to $63.84 after the company reported downbeat Q4 revenue.
  • Juniper Networks, Inc. JNPR shares fell 5.1 percent to $26.32. Juniper posted upbeat Q4 results, but issued a weak forecast for the current quarter.
  • JetBlue Airways Corporation JBLU dropped 4.7 percent to $20.10. Argus Research downgraded JetBlue from Buy to Hold.
  • Starbucks Corporation SBUX fell 4 percent to $56.15. Starbucks reported in-line earnings for its first quarter, but sales missed estimates.
  • Paypal Holdings Inc PYPL shares dropped 3.4 percent to $40.09. Paypal posted in-line earnings for its fourth quarter and issued a downbeat guidance.
  • International Speedway Corp ISCA declined 3.2 percent to $36.35. Jefferies downgraded Weatherford from Buy to Hold.
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